Detroit, October 30, 2025- DTE Energy reported third-quarter results and outlined an expanded investment plan while confirming a landmark data-centre agreement that will add 1.4 gigawatts of new load to its system, a deal the company says will deliver affordability benefits to existing customers.
It invested nearly USD 3 billion through Q3 2025 and remains on track to invest USD 4.4 billion in its utilities this year as it modernises the grid, expands smart-grid deployments and accelerates the transition to cleaner generation.
The company posted third-quarter reported earnings of USD 419 million, or USD 2.01 per diluted share, with operating earnings of USD 468 million, or USD 2.25 per diluted share.
The company said support continued heavy reinvestment into Michigan’s energy infrastructure. DTE framed the investments as necessary to deliver safer, cleaner, and more reliable service while keeping customer bills below the national average.
Joi Harris, DTE’s president and CEO, said the company’s workforce and capital programme are “leading Michigan’s energy transformation,” and characterised the new data-centre agreement as consistent with DTE’s strategy to secure long-term load that can lower costs for other customers by enabling sales of excess generation and by ensuring the data centre covers new costs required to serve it. The company said the 1.4 GW of hyperscaler load will ramp over the next two to three years and will be supported using existing capacity plus new energy-storage investments funded by the data-centre counterparty.
DTE emphasised the economic and reliability logic behind its approach: smart-grid devices already deployed have helped prevent more than 17,500 outages year-to-date, and the utility said further deployments are central to its targets to reduce outage incidence and duration by 2029. CFO David Ruud highlighted that strong operating performance enabled the higher capital intensity and reiterated DTE’s 2026 operating EPS early outlook range of USD 7.59 to USD 7.73.
The utility also underlined community and sustainability actions in the release, noting a USD 800,000 donation to United Way to support vulnerable customers during extreme summer heat and publication of its 2024 Sustainability Report, which the company says documents progress toward renewables, emissions reduction, and workforce development.
DTE added that the data centre’s contract terms will ensure the new customer absorbs incremental costs to serve the load, a point the company says protects ratepayers while enabling large-scale digital investment in Michigan.
For investors and media, DTE said a conference call and investor presentation would follow the earnings release and that reconciliations of GAAP to operating earnings are available on its investor site.
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